Will the US Economy Fall Alone?
US existing home sales were a huge disappointment – dropped by 28% to a rate of 3.83 million. But instead of risk aversion that was seen lately, the markets acted differently, with the dollar collapsing together with stock market. Is the US decoupling from the world? Everybody knew that the housing sector couldn’t really stand [...]
EUR/USD Aug. 24: Sliding To Next Support – New Plunge Coming?
EUR/USD continues losing ground and is now approaching the next line of support. Will it bounce here or break this line and drop faster? Here’s a quick update on fundamentals, technicals and community trends.
Forex Daily Outlook – August 24 2010
We have some interesting updates coming up today, Existing Home Sales in the US, Core Retail Sales in Canada, Inflation Expectations Percentage in New Zealand and more. Let’s see what awaits us today. In the US Existing Home Sales, the main gauge of the condition of the US housing market measuring the number of closed [...]
Binary Options Setups – August 23-27
Binary options on foreign exchange can serve for many purposes, and can be great in case of news events. The upcoming week in currency trading provides opportunities, especially on GDP releases. Here are potential setups. Binary options can be used as an alternative to the traditional stop loss, as a tool for protecting against false [...]
Forex Weekly Outlook – August 23-27
Revisions of GDP in the US and the UK, and major housing sector figures in the US are among the highlights of the upcoming week. Here’s an outlook for the major market moving events. Risk aversion took over the markets once again on fears of global slowdown. Friday was a great day for the US [...]
Forex Daily Outlook – July 22 2010
U.S. Unemployment Claims and Existing Home Sales release followed by Chairman Ben Bernanke’s testimony before the Senate Banking Committee in Washington and Europe’s Industrial New Orders make the headlines. Here is a glimpse on today’s market moving events. In the US, US Unemployment Claims, a weekly major indicator of economic health, and an early indicator [...]
Forex Weekly Outlook – July 19-23
Housing figures in the US, British GDP for the second quarter and a rate decision in Canada are the highlights of the upcoming week. Here’s an outlook for the major market movers. Apart from the regular indicators, the earnings season in the US stock markets and the expectations towards the European banks’ stress tests also [...]
Forex Daily Outlook – June 22 2010
US Existing Home Sales on the rise, US Treasury Secretary Timothy Geithner testifies before the Congressional Oversight Panel in Washington DC, and US House Price Index are the major events of the day. Let’s review the today’s activities. In the US, Existing Home Sales expected an increase of 400,000 above 5.77 M in May. This [...]
Forex Weekly Outlook – June 21-25
The upcoming week is quite busy: a rate decision in the US, housing figures and the presentation of an emergency budget in the UK among other events. Here’s an outlook for the major market moving events this week. The market disregards the European troubles. In the past week, the focus was on the Spanish credit [...]
Forex Daily Outlook – May 24 2010
In the US a rise in the Existing Home Sales, and Sandra Pianalts (US) and Speaks at the Ohio Northern University, in Great Britain Adam Posen speeches are affecting the nation’s key interest rates. Let’s see the other interesting news up for today In the US, Existing Home Sales, date about home resales that released [...]
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